The S&P company leaves its “aa-” to France | EUROtoday

On May 30, 2025

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HASVec a deficit at 5.8 % of the gross home product and greater than 1,000 billion debt, it might have been regular for the S&P ranking company to decrease the be aware of France this Friday night. In any case, that is the logical state of affairs we anticipated and which we had advised you about. But, towards all expectations, France retains its “AA-” and the adverse perspective which was allotted to it in February, particularly due to public funds “under pressure” and “political support for limited reforms”, nonetheless leaving a doable reducing.

The ranking company made no feedback, contenting itself with publishing its be aware. The Ministry of the Economy, for its half, advised AFP to have taken “good note” of this resolution, with out extra element.

This intervenes in a tense financial context and within the absence of significant reforms to straighten the bar. Monday, May 26, the Court of Auditors revealed an alarmist report warning of a doable “liquidity crisis” of social safety in 2026. In brief, our social safety system is on the verge of asphyxiation due to its exorbitant bills.

An effort “to all French”

The scenario is such that François Bayrou introduced on Tuesday morning a “multi -year plan” for restoration of public funds, the target of which might be a “return to balance” by the following three or 4 years. The particulars of this plan must be revealed in July.

To uncover

The kangaroo of the day

Answer

The Prime Minister additionally deliberate to request an effort “from all French people”. Without going into element, the centrist spoke of a “sufficient effort for France to come out of this situation”, whereas the nation spends greater than it wins.

“For decades, all political currents have been left, accumulating deficits, and a mountain of debts,” he mentioned. The nation is in a scenario of over -indebtedness and, extra severe in my eyes, France is a rustic which doesn’t produce as a lot than its neighbors. Every month, we spend 10 % greater than what matches within the packing containers ”.

https://www.lepoint.fr/economie/dette-publique-l-agence-s-p-laisse-a-la-france-son-aa-30-05-2025-2590918_28.php